Solana

Not the BSV article I was going to post a week or so back (gotten lazy and haven’t finished it off). This is just a link to someone else’s work. A couple weeks back I wrote ‘UTXO and Other Blockchains‘ and mainly expanded on the difference between UTXO and ‘State’ based blockchains, and touched on … Read more

The EZFKA lens…

EZFKA – or the Economic Zone Formally Known as Australia is a conceptual framework for looking at the post modern economies of Australia and indeed the rest of the West: “Face facts, we no longer live in a society and nation by the name of Australia – we now live in the ‘Economic Zone Formally … Read more

UTXO (and other blockchains)

The other week on the ‘Binance thread post, in the comments section T made a request that I expand on and describe some other blockchains: “Hey mate can you do something on the more interesting tech type coins. So thinking Cardano vs ETH, or Helium, or Theta coin etc. The ones where there is purpotedly … Read more

Stranger Things: The Commodore 64 Version

Warning this is completely unrelated to anything economic, bitcoin or outside the Overton window – this is a self indulgent journey into nerdy 1980’s nostalgia. Anyone who is not GenX would probably not be aware or know of any other age of the personal computer other than the era of the PC. But way back … Read more

Binance Thread – just this

https://mobile.twitter.com/ThomasDavies33/status/1400394138605047812 Anecdotally, there are increasing signs that the liquidity issues I’ve been harping on about are becoming a more recognised problem: My own recent experience is starting to make me a little nervous as well. Last time I linked a bank account to withdrawal to, it was assigned to my account within 3 days. I’m … Read more

One of the Possible Futures of Crypto

There are an infinite number of universes according to multiverse theory, being that all these sub-atomic particles that quantum mechanics dictate continuously pop in and out of existence as they simultaneously inhabit all the possible universes, and ensure that every possible reality exists. In one of those Universes it is quite possible that the future … Read more

The Crypto Sublimation Process

Amidst great fanfare Tether released a breakdown of its reserves on Friday, revealing that amongst its $45bn in reserves (it has since added a further $10bn since the report date on additional Tether issuances) they only had $2.1bn in identifiable cash reserves. Notionally the remaining reserves are spread across highly quality sounding ‘assets’ like ‘Commercial … Read more

Just this.

I tend to blather on a lot with my explanations. Here is an explanation of Tether, Yield Farming, Liquidity and the rest of Crypto all in one thread.

Yield Farming on the Crypto Plains

Yield Farming – heard of the term? How about DeFi? Apparently it is the future of finance, but do you really know what it means? I was asked what they were the other day and by now I’d sort of worked out what they referred to and was able to provide a basic explanation, but … Read more

BTC’s Wile E Coyote moment

I was going to post this as a comment in the comments section for a weekend’s links from several weeks back, but then thought, “Why not pad it out and see where it goes?”. Unfortunately I came down with a bug before I got a chance to publish it and then went on holidays for … Read more

What was your woke breaking point?

NOT the Babylon Bee published an amusing list of comments by centrists and liberals about their road to Damascus moment when they woke up to wokeness. All of which was kicked off by this lady: My awakening actually started a while back when I had a bee under my bonnet about Boomers and house prices, … Read more

A Biden boom of immense proportions…. for Migrants

DLS getting all excited in regards to the Biden Boom: An overall spending package worth between $2-4tr will be proposed. It will focus on roads and green infrastructure. It will be funded by tax hikes for corporations from 21% to 28% and higher personal taxes for $4ook+ earners and higher capital gains taxes for $1m+ … Read more

The Woke Army Won’t Save Us

Wokism is the progressive liberal’s scream against nature, it is their anguished cry against parito distributions throughout the universe – if they could they would resize stars so that there would be no such thing as a Blue Giant and no such thing as a Red Dwarf, equity would be reflected everywhere in their Universe. … Read more

BTC is the Establishment

I was having a scroll through crypto twitter yesterday when I came across this meme and had a good laugh at it – then it occurred to me that most people would have no idea what it was about or the significant truth that lies behind it. While Cyberpunks like to celebrate its supposed anarchist … Read more

In Code We Trust vs In Law We Trust

I will start this post with the following – I believe Craig Wright is a bit of a dick, harsh, abrasive, highly disagreeable, definitely on the autistic spectrum and at times prone to exaggeration. I also happen to believe that he is either Satoshi or at least 80% of the gestalt entity known as Satoshi, … Read more

Bitcoin is a Bubble

There is not a year in it’s existence that BTC has not spent time below $4k and I honestly think that 2021 will be no different. But will it go to $0 this year? Probably not – will it go to $0 at some point in the near future… unless there are some fundamental changes … Read more

Bumbling Biden and his media excusers

I had a great aunt, let’s call her Eliza, she was a lovely old woman; conservative, kind, incredibly polite and thoughtful, and very civic minded, she use to regularly work for various charities in her retirement years donating her time to worthy causes. But as she got older her ability to guard and separate her … Read more

The Woke Armed forces will save us !!

I don’t know about you – but I feel positively unsafe knowing that the Army, Navy and Airforce are filled with men saturated in Toxic Masculinity. I’m sure Mig and the Professor at Macrobusiness would agree that we need far more empathetic soldiers who will be mindful of their colleagues gender choices when on the … Read more

Accepting the Enlightenment means rejecting cultural relativism in all its forms…

“This frame of reference responds to contemporary issues in a pretty straightforward manner. It sees class inequality as the great evil even though it is post-colonial and pro-multiculturalism.“ …and with that the author has just glossed over the cause and source of the sort of of cultural relativism that justifies and empowers views like those … Read more

Will Georgia going Democrat and giving them a clean sweep really be a ‘Win’ for the American people?

The most annoying mainstream media narrative at the moment is that somehow a clean sweep by the Democrats in Congress, the Senate and the Presidency, will somehow result in ‘corrective class policies of higher wages, capital gains and corporate taxes.’ To my mind this is the same sort of delusional fairytale stuff as the Trumpeteer’s … Read more